Unit ID: U166020
5% Rental Yield
Bang Chak, Phra Khanong,Bangkok
฿3,100,000 Great Price
1 Bedroom
1
Bathroom
32 SqM
Size
2
Floor
Dec 2017
Completed

About This Condo

This property is a 32 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Moniiq Sukhumvit 64 project in Bang Chak, Bangkok and was completed in Dec 2017. You can buy this condo for a base price of ฿3,100,000 (฿96,875/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type Condo
Floor 2
Bedroom 1
Size 32 SqM
Price per SqM ฿96,875
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Thai Quota
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Park View, Garden View, Blocked View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,600/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U166020

Price Analysis

Great Price
Estimated market value ฿3,802,602
Great
฿2,480,000
Good
Fair
Above
฿4,590,000
Current asking Price: ฿3,100,000 | Rental estimate: ฿13,900/mo
This condo is ฿702,602 BELOW MARKET (-18%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿3,100,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,600/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
19
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Moniiq Sukhumvit 64, and the current sales price.
5%

Project Details

Project Name: Moniiq Sukhumvit 64
Developer: N/A
Construction: Completed (Dec 2017)
Floors: 8
Buildings: 2
Units: 366
Project Area: N/A
Nearest Landmark Punnawithi BTS - 0.7 Km
Location: Bang Chak, Bangkok
Moniiq Sukhumvit 64 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Library / Reading Room Library / Reading Room

Available Units at Moniiq Sukhumvit 64

For Sale 11 For Rent 9
Get notified when new homes are being added to Moniiq Sukhumvit 64
View All (11)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Moniiq Sukhumvit 64 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿1,600 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Punnawithi BTS is the nearest BTS Station from Moniiq Sukhumvit 64 and it is 0.7 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Moniiq Sukhumvit 64 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Cozy place :)
Elizabeth Grace, Australia, 2 years ago
For the third year in a row, I've purchased a room of this project. It appeals to me greatly. I can tell you it's very homely. I fell in love with it the moment I walked into the room. The project surrounding environment is private. It's peaceful. The room is quite large and much larger than I expected. The function has been completed. A small kitchen corner also clearly separates the living space from the bedroom. The service is excellent, and the staff is also friendly. One more, it's so easy to get around, just a short walk from the BTS station.
Bangkok
Bang Chak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Moniiq Sukhumvit 64

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
210
Sales Prices
฿1.35M
Monthly Rentals
฿15K
Year Built
Jan 2012
Completion Status
Completed
Project Name
The Light Newyork
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
168
Sales Prices
฿1.6M - ฿3.4M
Monthly Rentals
฿8.5K - ฿16K
Year Built
Sep 2015
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
14
Sales Prices
฿17.9M
Monthly Rentals
N/A
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
14
Sales Prices
฿14.9M
▼ -43% underpriced
Monthly Rentals
฿55K
Year Built
Dec 2009
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
8
Sales Prices
฿46M
Monthly Rentals
N/A
Year Built
Jan 2023
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
5
Sales Prices
฿27M
Monthly Rentals
N/A
Year Built
Mar 2019
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
116
Sales Prices
฿3.2M - ฿15.5M
▼ -6.3% underpriced
Monthly Rentals
฿13K - ฿80K
Year Built
Dec 2016
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
487
Sales Prices
฿4.9M - ฿12.3M
▼ -12% underpriced
Monthly Rentals
฿17K - ฿45K
Year Built
Dec 2009
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
9
Sales Prices
฿18M - ฿34.9M
Monthly Rentals
N/A
Year Built
Jun 2019
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
105
Sales Prices
฿2.84M - ฿5.15M
▼ -34% underpriced
Monthly Rentals
฿11K - ฿17K
Year Built
Jan 2008
Completion Status
Completed
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